SGX Stocks :: Your One Stop SGX Stocks Info Blog

• Revenue: -8.1% (2Q09), -19.1% (1H09)
• Net Profit: -38.3% (2Q09), -58.6% (1H09)
• Press Release: 2Q2009 revenue up 27.2% qoq to S$41.7m fuelled by HDD and China’s automotive industry recovery
• Gross margin improves qoq from 21.6% to 24.9% & net margins up qoq from 2.1% to 7.5%
• Net profit attributable to shareholders increased 347.6% qoq to S$3.1m
• Management is cautiously optimistic that the outlook for 2H2009 is better than 1H2009
• Outlook: The Group expects the recovery to be gradual and as such will remain prudent and continue to stay focused on cost, risk and resource management to enhance its competitiveness.
• The board is confident that the Group will remain profitable in the 2H2009.

FINANCIAL RECORDS

Revenue (SGD '000)

FY 1Q 2Q 3Q 4Q Total
2009 32,754 41,670
2008 46,614 45,359 48,503 41,939 182,415
2007 40,945 43,532 48,748 49,769 182,994
2006 33,252 34,250 37,683 36,737 141,922

FY 1H 2H Total
2005 60,878 67,054 127,932
2004 55,867 57,388 113,255
-----------------------------------------------------------
Earnings (SGD '000)

FY 1Q 2Q 3Q 4Q Total
2009 699 3,129
2008 4,171 5,070 2,399 1,492 13,131
2007 3,033 5,047 3,275 6,200 17,556
2006 1,942 3,174 2,963 3,273 10,237

FY 1H 2H Total
2005 3,479 4,653 8,132
2004 2,332 3,566 5,898
-----------------------------------------------------------
Dividends

FY Interim Final Special (SGD)
2009 NA
2008 NA 0.010 NA
2007 NA 0.016 NA
2006 NA 0.002 0.0085
2005 NA 0.003 0.0070
2004 NA 0.002 0.0060
2003 NA 0.002
2002 NA 0.001
-----------------------------------------------------------
Bonus Issue / Stock Split

Date Type Details
2006-03-17 Bonus OFFER OF 1 FOR 5
2005-03-22 Bonus OFFER OF 1 FOR 4
-----------------------------------------------------------
Share Data (SGD)

NAV = $0.1684
EPS = $0.0077 (6M FY09)
No of Shares = 500,057,642
-----------------------------------------------------------

ANALYSTS' TARGET PRICES

Broker Recommendation Target Price Date
NA